
A. Hawley, Markward Group & M. Jeitner
- Mar 21, 2016
How NOT to sell your listing short
Every commercial-industrial property sale includes a due diligence period prior to the settlement date. More often than not, the Buyer finds structural defects or mechanical systems issues that require repairs or remediation. That’s when the negotiation begins as to how to remedy the potentially costly problem. The seller is anxious to move forward towards the settlement. Often, the solution to the problem is to reduce the selling price to cover the cost of repairs or remedia